PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Sees Significant Growth in Short Interest

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 11,391 shares, a growth of 122.0% from the December 15th total of 5,132 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 16,660 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 16,660 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Trading Up 0.1%

Shares of NYSEARCA:MFDX traded up $0.04 during trading on Friday, hitting $39.81. 9,876 shares of the company’s stock traded hands, compared to its average volume of 31,116. The company has a market cap of $421.93 million, a price-to-earnings ratio of 14.93 and a beta of 0.73. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52 week low of $28.52 and a 52 week high of $39.87. The company has a 50-day moving average price of $38.22 and a 200-day moving average price of $37.09.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Several hedge funds have recently modified their holdings of MFDX. Private Trust Co. NA acquired a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the second quarter worth $31,000. Moloney Securities Asset Management LLC grew its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 4.6% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 15,569 shares of the company’s stock valued at $559,000 after acquiring an additional 685 shares during the period. Janney Montgomery Scott LLC purchased a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the 2nd quarter worth about $2,398,000. Finally, JPMorgan Chase & Co. grew its stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock valued at $5,080,000 after buying an additional 22,184 shares in the last quarter.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.